PepsiCo, Inc. $PEP Shares Bought by Amica Mutual Insurance Co.

Amica Mutual Insurance Co. raised its position in PepsiCo, Inc. (NASDAQ:PEP) by 69.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 31,346 shares of the company’s stock after acquiring an additional 12,825 shares during the quarter. Amica Mutual Insurance Co.’s holdings in PepsiCo were worth $4,499,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of PEP. AQR Capital Management LLC grew its position in PepsiCo by 120.7% in the 3rd quarter. AQR Capital Management LLC now owns 5,916,417 shares of the company’s stock valued at $830,902,000 after acquiring an additional 3,235,726 shares in the last quarter. Amundi grew its position in shares of PepsiCo by 30.0% during the third quarter. Amundi now owns 8,641,588 shares of the company’s stock worth $1,207,230,000 after buying an additional 1,995,362 shares in the last quarter. Vanguard Group Inc. grew its position in shares of PepsiCo by 1.2% during the fourth quarter. Vanguard Group Inc. now owns 138,483,870 shares of the company’s stock worth $19,875,205,000 after buying an additional 1,612,652 shares in the last quarter. Caisse de depot et placement du Quebec grew its position in shares of PepsiCo by 151.7% during the third quarter. Caisse de depot et placement du Quebec now owns 2,597,986 shares of the company’s stock worth $364,861,000 after buying an additional 1,565,883 shares in the last quarter. Finally, SG Americas Securities LLC grew its position in shares of PepsiCo by 406.0% during the fourth quarter. SG Americas Securities LLC now owns 1,789,959 shares of the company’s stock worth $256,895,000 after buying an additional 1,436,216 shares in the last quarter. 73.07% of the stock is owned by institutional investors and hedge funds.

More PepsiCo News

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: PepsiCo continues to appeal to income investors after raising its quarterly dividend by 4% to $1.48 per share, reinforcing its reputation as a reliable dividend payer. Here is Why PepsiCo (PEP) is Among the Best Dividend-Paying Beverage Stocks to Buy Now
• Positive Sentiment: New sustainability and agricultural partnerships, including work with EIT Food and Fertiberia, support PepsiCo’s long-term supply chain resilience and lower-carbon goals. PepsiCo Foundation and EIT Food back young European farmers with new programme
• Positive Sentiment: The company is also being highlighted for brand and product strategy, including packaging and smaller-portion changes aimed at matching shifting consumer preferences and competing more effectively with rivals like Coca-Cola. Pepsi makes big change to counter Coca-Cola
• Neutral Sentiment: Several articles frame PepsiCo as a strong brand and sponsorship player in global beverage markets, which is supportive of the long-term story but not a direct catalyst for the stock right now. APAC Non-Alcoholic Beverages Industry Sport Sponsorship Analysis Report 2025
• Neutral Sentiment: Coverage of PepsiCo’s marketing leadership and “people and planet” branding reinforces the company’s positioning, but it appears more like thought leadership than a near-term earnings driver. How PepsiCo’s CMO Is Building Brands That Perform For People And Planet
• Negative Sentiment: The stock has been sliding alongside a stronger market, suggesting investors remain cautious despite PepsiCo’s defensive profile and dividend support. PepsiCo (PEP) Stock Slides as Market Rises: Facts to Know Before You Trade

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on PEP. Royal Bank Of Canada lowered their price objective on PepsiCo from $165.00 to $163.00 and set a “sector perform” rating for the company in a research report on Thursday, April 9th. Piper Sandler boosted their price objective on PepsiCo from $172.00 to $181.00 and gave the stock an “overweight” rating in a research report on Thursday, March 12th. BNP Paribas Exane boosted their target price on PepsiCo from $191.00 to $195.00 and gave the stock an “outperform” rating in a research note on Friday, April 17th. Evercore boosted their target price on PepsiCo from $165.00 to $170.00 in a research note on Friday, April 17th. Finally, Deutsche Bank Aktiengesellschaft boosted their target price on PepsiCo from $169.00 to $173.00 and gave the stock a “buy” rating in a research note on Friday, April 17th. Eight research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $170.11.

PepsiCo Trading Down 1.4%

Shares of PEP stock opened at $144.19 on Friday. The business’s fifty day moving average price is $153.13 and its 200 day moving average price is $152.60. PepsiCo, Inc. has a 1-year low of $127.60 and a 1-year high of $171.48. The firm has a market capitalization of $197.07 billion, a PE ratio of 22.64, a P/E/G ratio of 2.65 and a beta of 0.38. The company has a debt-to-equity ratio of 1.98, a current ratio of 0.90 and a quick ratio of 0.72.

PepsiCo (NASDAQ:PEP) last posted its earnings results on Wednesday, April 15th. The company reported $1.61 earnings per share for the quarter, beating the consensus estimate of $1.55 by $0.06. The company had revenue of $19.44 billion for the quarter, compared to analyst estimates of $18.89 billion. PepsiCo had a return on equity of 56.61% and a net margin of 9.15%.PepsiCo’s revenue was up 8.5% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.48 earnings per share. As a group, sell-side analysts forecast that PepsiCo, Inc. will post 8.63 EPS for the current fiscal year.

PepsiCo Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Friday, June 5th will be issued a $1.48 dividend. This is a positive change from PepsiCo’s previous quarterly dividend of $1.42. The ex-dividend date is Friday, June 5th. This represents a $5.92 dividend on an annualized basis and a dividend yield of 4.1%. PepsiCo’s dividend payout ratio (DPR) is 92.94%.

PepsiCo declared that its board has approved a share repurchase program on Tuesday, February 3rd that permits the company to repurchase $10.00 billion in outstanding shares. This repurchase authorization permits the company to repurchase up to 4.7% of its stock through open market purchases. Stock repurchase programs are generally an indication that the company’s board of directors believes its stock is undervalued.

PepsiCo Company Profile

PepsiCo, Inc (NASDAQ: PEP) is a multinational food and beverage company headquartered in Purchase, New York. The company develops, manufactures, markets and sells a broad portfolio of branded food and beverage products, including carbonated and noncarbonated soft drinks, bottled water, sports drinks, juices, ready-to-drink teas and coffees, salty snacks, cereals, and other convenient foods. Its leading consumer brands include Pepsi, Mountain Dew, Gatorade, Tropicana, Quaker, Lay’s, Doritos and Cheetos, among others.

Formed through the 1965 merger of Pepsi-Cola and Frito-Lay, PepsiCo has grown into a global business with integrated manufacturing, distribution and marketing operations.